| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP17335 |
| DP17335 Does IT help? Information Technology in Banking and Entrepreneurship | |
| Toni Ahnert; Sebastian Doerr; Nicola Pierri; Yannick Timmer | |
| 发表日期 | 2022-05-29 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | This paper provides novel evidence on the importance of information technology (IT) in banking for entrepreneurship. To guide our analysis, we build a parsimonious model of bank screening and lending. The model predicts that IT in banking can spur entrepreneurship by making it easier for startups to borrow against collateral. We empirically show that job creation by young firms is stronger in US counties that are more exposed to IT-intensive banks. Consistent with a strengthened collateral channel, entrepreneurship increases by more in IT-exposed counties when house prices rise. Regressions at the bank level further show that banks' IT adoption makes credit supply more responsive to changes in local house prices, and reduces the importance of geographical distance between borrowers and lenders. These results suggest that IT adoption in the financial sector can increase dynamism by improving startups' access to finance. |
| 主题 | Financial Economics |
| 关键词 | Technology in banking entrepreneurship Information technology Collateral Screening |
| URL | https://cepr.org/publications/dp17335 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/546377 |
| 推荐引用方式 GB/T 7714 | Toni Ahnert,Sebastian Doerr,Nicola Pierri,et al. DP17335 Does IT help? Information Technology in Banking and Entrepreneurship. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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